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Business, 18.12.2019 00:31 mucciak3634

Mccarthy, inc.’s brazilian subsidiary borrowed 100,000 euros on january 1, 2017. exchange rates between the brazilian real (brl) and euro (€) and between the u. s. dollar ($) and brl are as follows: lo 10-5 brl per € us$ per brl january 1, 2017 . . . . . brl 4.2 $ 0.28 average, 2017 . . . . . brl 4.3 $ 0.25 december 31, 2017 . . . brl 4.6 $ 0.20 20. at what amount should the brazilian subsidiary’s euro note payable be reported on mccarthy’s december 31, 2017, consolidated balance sheet? a. $84,000. b. $86,000. c. $92,000. d. $128,800

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Mccarthy, inc.’s brazilian subsidiary borrowed 100,000 euros on january 1, 2017. exchange rates betw...
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